Retail Sales, Retailer Earnings, Powell Speech: Daily Contrarian, May 17

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Retail Sales, Retailer Earnings, Powell Speech: Daily Contrarian, May 17

Futures are bouncing strongly after blowout earnings from Home Depot and Twitter announcing it has agreed to a price with Elon Musk…

May 17, 2022

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Good morning contrarians!

Stocks futures are rallying strongly as of 0630. The Nasdaq is leading things, up 2%, followed by the S&P 500 (+1.8%) and Dow Industrials (+1.5%). The immediate cause for thi…

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